Jakarta-listed tanker owner Buana Lintas Lautan (BULL) is pruning its fleet of older, unwanted tonnage.
Sold to ship-recyclers in Bangladesh are a 20-year-old aframax tanker and a 42-year-old floating production, storage and offloading vessel.
The aframax, the 106,500-dwt Bull Kalimantan (built 2002), was beached at a ship-breaking facility at Chattogram on 23 December, TradeWinds has learned.
While pricing details for the deal remain unknown, online platform VesselsValue indicates that the tanker would have had a scrap value of around $9.6m
